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    A child holds the national flags of Russia and China prior to a welcoming ceremony for Russian President Vladimir Putin outside the Great Hall of the People in Beijing, China, June 25, 2016

    China, Russia Cooperation Driving Force for Int’l Economic Development

    © REUTERS / Kim Kyung-Hoon
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    Silk Road Chamber of International Commerce Founding Chairman Lu Jianzhong stated that Russian President Vladimir Putin’s calls to integrate the work of the Eurasian Economic Union (EEU) and the Silk Road Economic Belt would bring a lot of benefits to the China and Russia, as well as Asia and Far East.

    MOSCOW (Sputnik) — The cooperation between Moscow and Beijing should become a trigger for regional and global economic construction, Silk Road Chamber of International Commerce Founding Chairman Lu Jianzhong told Sputnik on Tuesday.

    "We are expecting that the cooperation of China and Russia is going to be a very strong driving force for regional and international construction and economic development in the future," Lu said on the sidelines of the Russian-Asian International Business Forum in Moscow.

    He added that Russian President Vladimir Putin’s calls to integrate the work of the Eurasian Economic Union (EEU) and the Silk Road Economic Belt would bring a lot of benefits to the two countries, as well as Asia and Far East, where it would attract investments and help revive economic development while the world economy is experiencing a recession.

    Russia and China have reenergized their cooperation in recent years, both on a bilateral level and within the framework of regional and global organizations.

    Both countries are members of the BRICS association of five emerging economies — Brazil, Russia, India, China and South Africa, and co-founders of the Shanghai Cooperation Organization (SCO), a Eurasian economic and security bloc.


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